Market Update on $WLD D: Important Long Position Liquidation Alert!
$WLD Long position liquidation detected! A massive long position liquidation of $4,950 at $1,138 has just been triggered, a signal of potential volatility ahead!
Trade Setup: Get ready for action.
🔹 Buy Zone: $1.10 – $1.13 (wait for strong support confirmation)
🔹 Target 1: $1.18 (first take profit zone)
🔹 Target 2: $1.23 (stronger resistance zone)
🔹 Target 3: $1.30+ (breakout potential)
Stop-Loss: $1.07 (to protect against further decline)
Market Information:
This liquidation suggests that leveraged traders were wiped out, which can often lead to a bounce from support or a deeper washout before a reversal. Keep an eye on volume and price action near the $1.10 - $1.13 zone!
Risk Warning: Always use proper risk management. The market is very volatile and unexpected movements can occur.
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